ICE Brent Crude (Apr'23)
Asia-Pacific markets track Wall Street declines as Trump unveils tariffs on auto imports
The direction of average tariff rates is up, Barclays says Whether President Trump will indeed soften his approach to tariffs as he has recently suggested is uncertain, but one thing that is clear is that average tariff rates are rising, according to Barclays. “We think the direction of travel is clear: average tariff rates are […]
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Asia-Pacific markets set to open mixed after Wall Street rallies on expectations of softer tariffs
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 started the day 0.63% higher. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. […]
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Trump says countries that purchase oil from Venezuela will pay 25% tariff on any trade with U.S.
Venezuelan migrants deported from the United States and stranded in Honduras disembark from a Conviasa Airlines plane upon arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 24, 2025. Juan Barreto | Afp | Getty Images President Donald Trump said Monday countries that buy oil and gas from Venezuela will face a 25% […]
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Asia-Pacific markets mixed following losses on Wall Street; Bank of Japan meeting in focus
© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets traded mixed on Wednesday, following declines on Wall Street after a sell-off in technology stocks picked up pace. Japanese markets will be in focus for investors, with the Bank of Japan poised to announce its monetary policy decision later in the day. The central bank […]
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CNBC Daily Open: Markets rise for the second day as U.S. consumers continue spending
Shoppers in New York City, U.S., on Feb. 2, 2025. Robert Nickelsberg | Getty Images News | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For the skeptics, that is like desperately […]
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CNBC Daily Open: Stocks post second winning day as U.S. consumers show signs of holding up
Shoppers at the grand opening of Wegmans supermarket on Feb. 26, 2025 in Lake Grove, New York, U.S. Howard Schnap | Newsday | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For […]
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Asia-Pacific markets set to rise as Wall Street bounces on retail sales data
Yukinori Hasumi | Moment | Getty Images Asia-Pacific markets are set to rise on Tuesday, tracking gains on Wall Street, which ticked up after retail sales data appeared to ease recession concerns. Investors will be keeping a close watch on Japanese markets, as the Bank of Japan kicks off its two-day monetary policy meeting on […]
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Oil rises as Trump says Iran will be held responsible for any future Houthi attacks
U.S. President Donald Trump looks on as military strikes are launched against Yemen’s Iran-aligned Houthis over the group’s attacks against Red Sea shipping, at an unspecified location in this handout image released March 15, 2025. White House | Via Reuters Oil prices rose on Monday after President Donald Trump said the U.S. would hold Iran […]
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Asia-Pacific markets mostly climb; 40-year JGB yield hits record high
Crowds walk below neon signs on Nanjing Road. The street is the main shopping district of the city and one of the world’s busiest shopping districts. Nikada | E+ | Getty Images Asia-Pacific markets mostly climbed on Monday, with investors keeping a close watch on Chinese equities. Mainland China’s CSI 300 closed 0.24% lower at 3,996.79, while […]
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Oil, dollars, and debt: How safe is the Middle East from the global trade war?
The Palm Jumeirah in Dubai, Dubai, United Arab Emirates Nikada | E+ | Getty Images The global trade war triggered by U.S. President Donald Trump shows no sign of abating, with tit-for-tat tariffs hammering major economies, tanking stock markets and dimming growth prospects. The economies concerned – North America, the European Union, and China – […]
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